trueEX To Support London Business Hours Amid Rapid Expansion
- trueEX’s decision to support London business hours follows a period of rapid expansion for the group.
trueEX, one of the fastest growing swap Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term facilities, has announced its decision to support market activity during London business hours due to rapidly growing client demands in both the US and across Europe.
The move follows trueEX’s decision last year to disaggregate its post-trade execution business into a sovereign legal entity amid a period of rapid expansion for the group.
Its transatlantic expansion means that European clients now have access to the same range of currencies, products and features as those in North America. Platform connectivity is available from 7:30am London Time, with the market opening at 8am, supported by a dedicated sales, onboarding, regulatory and IT team.
New York-based trueEX, is a CFTC-regulated Swap Execution Facility (SEF) and Designated Contract Market (DCM) which currently supports 18 currencies and is ideally positioned to facilitate the regulatory transition underway in the derivatives markets. Its SEF provides request-for-quote (RFQ) trading protocols and a proprietary portfolio terminations and compactions (PTC) system for the efficient trade management of existing positions through direct connectivity to multiple Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term houses.
trueEX has executed over $1.8 trillion in trading volumes and $10 trillion in post-trade services and was recently named SEF of the Year at the 2016 Risk Awards. The company plans to add other liquid derivatives to its portfolio in the near future.
trueEX, one of the fastest growing swap Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term facilities, has announced its decision to support market activity during London business hours due to rapidly growing client demands in both the US and across Europe.
The move follows trueEX’s decision last year to disaggregate its post-trade execution business into a sovereign legal entity amid a period of rapid expansion for the group.
Its transatlantic expansion means that European clients now have access to the same range of currencies, products and features as those in North America. Platform connectivity is available from 7:30am London Time, with the market opening at 8am, supported by a dedicated sales, onboarding, regulatory and IT team.
New York-based trueEX, is a CFTC-regulated Swap Execution Facility (SEF) and Designated Contract Market (DCM) which currently supports 18 currencies and is ideally positioned to facilitate the regulatory transition underway in the derivatives markets. Its SEF provides request-for-quote (RFQ) trading protocols and a proprietary portfolio terminations and compactions (PTC) system for the efficient trade management of existing positions through direct connectivity to multiple Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term houses.
trueEX has executed over $1.8 trillion in trading volumes and $10 trillion in post-trade services and was recently named SEF of the Year at the 2016 Risk Awards. The company plans to add other liquid derivatives to its portfolio in the near future.